Sep 10, 2015 7:54 PM GMT
This is significant, bout time we out the 'individual(s)' responsible and hold them, accountable. These people, usually management, actually put their corporations in liable double jeopardy to which the company scrambles to 'cover their stupid shit up'
The U.S. Department of Justice's No. 2 official laid out the rationale on Thursday behind a revised policy for prosecutors to focus on wrongdoing by corporate executives, after criticism they had failed to do so, especially in the 2008-09 financial meltdown and housing crisis.
But the new guidelines, outlined in a memo to federal prosecutors across the United States, were met with skepticism from at least one consumer advocacy group and Republican politicians critical of Democratic President Barack Obama's administration.
Deputy Attorney General Sally Quillian Yates said in a speech at New York University School of Law that companies must be more willing to give up their own officers or employees, not hide people's crimes when authorities start asking questions.
"We're not going to let corporations plead ignorance. If they don't know who is responsible, they will need to find out," Yates said.